The mortgage company, even though it is owned by a bank, has been profitable for the last two years, when considering its originations operations, as it does.
A Georgia resident filed the suit after receiving two unsolicited calls from the lender in October even though her number appeared on the Do Not Call registry.
A Georgia resident filed the suit after receiving two unsolicited calls from the lender in October even though her number appeared on the Do Not Call registry.
While all six companies were profitable in the third quarter, most had earnings which were down from the prior periods, with MGIC setting a milestone.
Instances of miscommunication between servicers and borrowers have declined, but some warn that CFPB stepping back from enforcement could create oversight gaps.
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Federal Reserve Bank of Atlanta President Raphael Bostic won't seek reappointment following the end of his current term on Feb. 28, 2026.
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Besides adding 60 days to the partial claim deadline in some cases, the bill also has provisions for buyer agent payments for Veterans Affairs borrowers.
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A think tank's analysis of the system that provides banks with financing backed by an implied guarantee arrives amid broader federal efficiency reviews.
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While Rocket increased 15 points, it slipped to 11th overall as other mortgage lenders had higher customer service score growth, J.D, Power said.
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Second-lien mortgages make up the collateral pool. Those assets normally have a high expected loss severity, but the borrowers appear to be of prime credit quality.
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The Federal Housing Finance Agency director should spend less time on partisan attacks and social media posting, and more on trying to resolve the housing crisis.
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VantageScore 4.0 offers no real edge over FICO and could add risks to housing finance, analysts at AEI's Housing Center argue.
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If they exit conservatorship, Fannie Mae and Freddie Mac might increase fees or retain servicing rights, shrinking their market share, according to the Chairman of Whalen Global Advisors.
Mortgage companies are looking for ways to open up credit to more borrowers, but insurance-cost spikes have made a difficult situation more challenging.
Technology centered on addressing certain key mortgage priorities stand to attract the greatest attention from venture capitalists and other investors.
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ON-DEMAND VIDEOA week ahead of inauguration day, Scott Colbert, executive vice president, director of fixed income and chief economist at Commerce Trust, takes a look at how the Federal Reserve and the economy will fare in President-elect Donald Trump's second run in the White House.
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ON-DEMAND VIDEODonald Trump discussed various items related to the Fed and its independence and stated he would not nominate Jerome Powell for another term as chair. Gennadiy Goldberg, head of U.S. rates strategy at TD Securities, discusses what a Trump presidency may mean for the Fed.
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ON-DEMAND VIDEOJoin Arizent and American Banker experts as they discuss whether bankers and other financial professionals got what they wanted from Trump's victory at the polls.
